This week in The Wealth Journal I talk about the power of compounding and how understanding this concept can help show a clear path to building wealth. Compounding has been called the 8th wonder of the world and in this episode I explore some examples of how compounding and time can have a huge impact on future investment returns. Compounding makes millions and it can also work in all aspects of your life. I also cover how I have changed my approach to saving for my children and my thoughts on crypto.
Compound Interest Rate Calculator: https://www.investor.gov/financial-tools-calculators/calculators/compound-interest-calculator
Vanguard Junior ISA: https://www.vanguardinvestor.co.uk/investing-explained/stocks-shares-junior-isa
Wealthify Junior ISA: https://www.wealthify.com/junior-isa
Get in touch: https://www.linkedin.com/in/jay-hardy-65a7592a/
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